Things are so bad in the Gannett world (including layoffs nationwide, and 5 percent of The Clarion-Ledger staff, and dropping revenue and see-saw stock prices) that rumors are flying about what the company might try to do to save itself. Over on the very-active Gannett Blog, a tipster says that Gannett papers may "go nuclear"in this case, apparently meaning to fold the local editions and become different editions of the national USA Today.
" ... I got an e-mail from a former colleague detailing the "tip/rumor/street talk" that flew around one state last Friday where Gannett now does business.
Here's the gist of my tipster's note: "Gannett is considering dropping daily production of 10-12 of its U.S. papers, and folding a local news section or sections into USA Today, which the company would attempt to circulate to local readers as the primary daily newspaper."
What's more, my tipster says, employees at one newspaper in particular have "heard that their paper is one of the 10-12 on the list." I'm not going to identify that paper. But assuming this tip is good, I'm hoping those employees step forward here with more details.
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